GLOBAL REIT: THE SOLUTION TO THE CHALLENGES LIMITING TRADITIONAL REIT

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Real estate investment has proven to be a lucrative way to secure funds for the future as well as wealth building. Financial institutions and wealthy investors don't joke with real estate, as the return per year or as the case may be is great and attractive.
But real estate together with blockchain technology is now the real deal. Blockchain technology is the trending technology in this current era, both new and existing organizations or platforms are embracing it due to its outstanding features such as;
a. Efficient real-time transactions made possible with the aid of smart contracts,
b. Enhanced data security due to the decentralized nature of blockchain, thus blocking all forms of cyber attacks, etc.
Yes, traditional real estate investment is lucrative, but yet there are issues which tend to limit its potentials, thus giving rise to REAL ESTATE INVESTMENT TRUST (REIT).
REIT can be seen as a trust, a cooperation or an association which either owns or finances a real estate investment which can be listed or privately owned.
REITs platforms can be seen as a good way to diversify long-term investment portfolios with the public listed REITs being a liquid Investment vehicle.
REIT was created out of the urgent need to solve challenges facing traditional real estate investing such as;
a. Entry barriers, which make Investing a difficult task for most investors due to regulations and financial obligations.
b. Choice and developers access to capital is limited due to restrictions on property funds an investor may wish to invest in.
c. Micro and macro-economic conditions in respective countries expose foreign direct investment to vulnerabilities.

In order to fully mitigate the issues or challenges limiting the traditional real estate Investing led to the creation of Global REIT, the first Sharia-compliant REIT to be launched which is based on the blockchain.
Global REIT exposes real estate investors to the global real estate market, without the investors having to acquire an entire property as well as helping to shift compliance and management obligations to fund management.
Global REIT is the combination of traditional REIT and blockchain technology, this works the same way with traditional REIT but offers more benefits, such as;

Asset Owning Company token holders will be paid dividend monthly, while token holders of Global REIT will benefit by participating in Fund Management Income.
In Global REIT first Hospitality asset, there will be free stays every year, in addition to future access to all its Assets Under Management (AUM). Also, there will be reward points attached to AUM which are presented in Loyalty Programs.
In Global REIT, its assets portfolios will include those acquired globally.
Blockchain technology is very vital to Global REIT, and with Global REIT built on blockchain transparency, cost reduction and faster settlement of funds is achieved, which in the long run will ensure trust and reliability.
Therefore, Global REIT blockchain-based platform will be a home for the following individuals;
a. Real estate Asset holders who wish to join the liquidity market offered by the crypto space,
b. A crypto investors who need a stable dividend as well as crypto investors who wish to invest in real estate assets,
c. REITs, who wishes to be part of an already established platform built on the blockchain.

GLOBAL REIT TOKEN

Global REIT offers two utility tokens each with its own total supply, with token holders having access to all Assets Under Management of Global REIT.
These tokens are;
a. Global REIT Fund Management Token (GREM),
b. Global REIT Access Token (GRET).
Holders of at least 5,000 GREM or GRET will have free stays every year as regards to Hospitality assets.
Holders of at least 100,000 GREM will have the option to enter the liquidity market associated with the crypto space by selling their real estate assets to Global REIT.

INFORMATION ON INITIAL COIN OFFERING (ICO)

CONCLUSION

Global REIT aims to create a real estate investment portfolios offering additional benefits which are lacking on traditional REIT. This is made possible with the aid of blockchain technology.
Global REIT aims to start its operation from Dubai UAE (it's home base) before expanding worldwide.